Celestica Inc. (TSE:CLS) Senior Officer Mandeep Chawla Sells 87,341 Shares

Celestica Inc. (TSE:CLS - Get Free Report) NYSE: CLS Senior Officer Mandeep Chawla sold 87,341 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of C$174.86, for a total transaction of C$15,272,532.16.

Mandeep Chawla also recently made the following trade(s):

• On Friday, January 31st, Mandeep Chawla sold 9,483 shares of Celestica stock. The stock was sold at an average price of C$183.66, for a total value of C$1,741,689.20.
• On Monday, December 2nd, Mandeep Chawla sold 9,704 shares of Celestica stock. The stock was sold at an average price of C$119.54, for a total transaction of C$1,160,059.44.

Celestica Stock Performance

Shares of CLS traded up C$1.07 during mid-day trading on Monday, hitting C$186.33. The company's stock had a trading volume of 887,379 shares, compared to its average volume of 899,718. The company has a debt-to-equity ratio of 52.78, a quick ratio of 0.54 and a current ratio of 1.47. Celestica Inc. has a one year low of C$48.67 and a one year high of C$206.57. The stock's 50-day moving average is C$147.87 and its two-hundred day moving average is C$104.85. The firm has a market capitalization of C$22.10 billion, a PE ratio of 44.15, a price-to-earnings-growth ratio of 0.14 and a beta of 2.23.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Cibc World Mkts upgraded Celestica from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. UBS Group upgraded Celestica to a "hold" rating in a research note on Friday, November 22nd. Cormark increased their price target on Celestica from C$93.00 to C$137.00 in a research report on Thursday, January 30th. BMO Capital Markets upped their price target on shares of Celestica from C$72.00 to C$140.00 in a research note on Thursday, January 30th. Finally, Barclays raised Celestica to a "strong-buy" rating in a research report on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$96.75.

Celestica Company Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.